Washington state is the second U.S. state to have a competitive election for its insurance commissioner.
Until May,
Kuderer and Fortunato have both been state senators since 2017. The current commissioner, Mike Kreidler, who has served in the role since 2001,
Raju Seetharaman, CTO of the U.S. unit of the U.K.-based financial services and life insurance firm, is bringing experience gained with the parent company to expand based on digital transformation of its technology.
New operational efficiencies will drive time and cost savings that can be passed onto customers.
In California, wildfire readiness is quickly becoming a financial necessity.
More than 200 people have died and thousands of homes were destroyed in Spain's worst natural disaster since 1962.
Insurance broker Marsh will start offering contracts to protect companies against fraud in the market for carbon credits, after the instruments became the subject of recurring allegations of greenwashing.
Contentious insurance commissioner races, as well as potential policy changes are at stake this election season for insurers.
